Why is DHP India falling/rising?

As of 12-Aug, DHP India Ltd. is experiencing a price increase, currently at Rs 670.00, reflecting a rise of Rs 9.0 or 1.36%. The stock has outperformed its sector by 2.54% today and has shown a consecutive gain over the last two days, with a total return of 3.54% during this period. The stock reached an intraday high of Rs 680, and its delivery volume has increased by 35.79% compared to the 5-day average, indicating rising investor participation. Despite a negative return of -2.88% over the past year and a significant underperformance against the benchmark over the last three years, the company has demonstrated strong financial metrics, including a remarkable net profit growth of 6507.14% and a high return on equity (ROE) of 14.55%, which contribute positively to its recent price movement.
In the broader market context, DHP India’s short-term performance has been slightly better than the benchmark, with a 1-week return of -0.81% compared to the Sensex's -0.59%. While the stock has shown resilience in the short term, it has struggled over the longer term, particularly with a -42.62% return over the last three years. This consistent underperformance against the benchmark, coupled with a poor long-term growth outlook due to a declining operating profit rate, presents risks that could impact future price movements. However, the stock's attractive valuation relative to its peers and strong recent financial results may help sustain investor interest in the near term.